EstonianFinance

Merger of Coop Pank, Coop Finants completed

Coop Finants, a 100-percent subsidiary of listed Estonian bank Coop Pank, merged with its parent on April 1, as a result of which Coop Finants has been dissolved with Coop [..]

BaltCap fund theft causes several Estonian pension funds millions in losses

The Swedbank, LHV, and SEB pension funds lost several million euros due to a partner’s misconduct in the BaltCap investment fund in Lithuania last November. The BaltCap fund holds 0.1 [..]

Estonian Banking Association: People have lost nearly EUR 5 mln to scams this year

The Estonian Banking Association announced that more than 800 people have fallen victim to fraud and lost almost five million euros in the first nine months of this year. With [..]